Value Proposition

A value proposition is a promise of the benefits that your product provides. It is a concise explanation of why people should buy from you instead of your competitors.

Having a clear value prop is an important part of the marketing mix. By clearly articulating the benefits and competitive differentiators of your product, you can better turn prospects into customers. Images, videos, and other media can help convey your message in a relevant and informative way.

The Format Of A Value Proposition

There is no single structure that effectively conveys the value of a product or business. However, there are common patterns that can be helpful when writing a value proposition. A value proposition should start with a headline or a short summary of the benefits of the product or service. The value statement should also be brief — no more than two sentences in length.

You should start with a headline which appears in the top of every page of the website. The benefits are then placed immediately after the heading so that they can be easily read by potential visitors. The points they make to the reader are then listed on each page as ‘features’. The features can be anything from a shopping cart or downloadable product, but it is always best to use bullet points to be able to quickly scan them and see what, exactly, you have to offer.

Finally, the value proposition can be enhanced by adding elements of social proof such as customer logos, testimonials, case studies, and feature comparisons to competitors to further distinguish your product from others on the market.


What Makes A Good Value Proposition

A value proposition should be clear and simple. It should communicate the benefits of a product or service to potential customers. A strong value proposition should be concise and to the point, without any extra words. In an age of short attention spans, people are always on the go and are not likely to read more than what will be useful for them.

How about a little social proof when it comes to selling your product? Studies show that trust is one of the most important factors for online buyers. A simple way to build trust is to cite other customers who have purchased your product. Social proof is one of the most important elements in direct e-commerce, particularly for new brands. It helps reassure customers that you are credible and can be trusted to deliver what you say you will.

Shoppers often compare prices, styles, and features from different websites, so it’s important to make your product stand out. Use positive language that focuses on what makes your product unique and/or better than similar products. Also, focus on why your product is better than other similar products. Unsubstantiated claims make prospects lose trust in your company.


A/B Testing Your Value Proposition

A/B testing is a strategy that allows you to test different elements on your site in order to determine which ones have the highest appeal and success rate. It is a technique used frequently by businesses to determine which elements of their value proposition are most effective in increasing sales and profits.

When you’re trying to articulate your value proposition, it can be difficult to identify what message will resonate the most with your potential customers. A/B testing allows you to test multiple opportunities and see which is more effective.

With Taplytics you can A/B test your value proposition to see what resonates with your customer the most.

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